{"id":647921,"date":"2017-05-23T03:43:05","date_gmt":"2017-05-23T03:43:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/"},"modified":"2017-05-23T03:43:05","modified_gmt":"2017-05-23T03:43:05","slug":"housing-minister-launches-first-phase-of-egp-50-bn-icity-october","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/","title":{"rendered":"Housing Minister launches first phase of EGP 50 bn iCity October"},"content":{"rendered":"

Ground broke yesterday on the first phase of the EGP 50 bn iCity October development, Al Borsa reports<\/a>. The residential project is being developed by the New and Urban Communities Authority in partnership with the Mountain View and Saudi\u2019s SISBAN JV.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ground broke yesterday on the first phase of the EGP 50 bn iCity October development, Al Borsa reports. The residential project is being developed by the New and Urban Communities Authority in partnership with the Mountain View and Saudi\u2019s SISBAN JV.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647921","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"36ca520e-3d39-42a5-835c-7246ed025d2e","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647895],"teaser":"","voice_url":""},"yoast_head":"\nHousing Minister launches first phase of EGP 50 bn iCity October - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Housing Minister launches first phase of EGP 50 bn iCity October\" \/>\n<meta property=\"og:description\" content=\"Ground broke yesterday on the first phase of the EGP 50 bn iCity October development, Al Borsa reports. The residential project is being developed by the New and Urban Communities Authority in partnership with the Mountain View and Saudi\u2019s SISBAN JV.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-23T03:43:05+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Housing Minister launches first phase of EGP 50 bn iCity October\",\"datePublished\":\"2017-05-23T03:43:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/\"},\"wordCount\":51,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/\",\"name\":\"Housing Minister launches first phase of EGP 50 bn iCity October - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-23T03:43:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Housing Minister launches first phase of EGP 50 bn iCity October\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Housing Minister launches first phase of EGP 50 bn iCity October - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/","og_locale":"en_US","og_type":"article","og_title":"Housing Minister launches first phase of EGP 50 bn iCity October","og_description":"Ground broke yesterday on the first phase of the EGP 50 bn iCity October development, Al Borsa reports. The residential project is being developed by the New and Urban Communities Authority in partnership with the Mountain View and Saudi\u2019s SISBAN JV.","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-05-23T03:43:05+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Housing Minister launches first phase of EGP 50 bn iCity October","datePublished":"2017-05-23T03:43:05+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/"},"wordCount":51,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Real Estate + Housing"],"articleSection":["Real Estate + Housing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/","name":"Housing Minister launches first phase of EGP 50 bn iCity October - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-05-23T03:43:05+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/housing-minister-launches-first-phase-of-egp-50-bn-icity-october\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Housing Minister launches first phase of EGP 50 bn iCity October"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":646726,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/mountain-view-targets-egp-1-5-bn-in-sales-from-first-phase-of-icity-october\/","url_meta":{"origin":647921,"position":0},"title":"Mountain View targets EGP 1.5 bn in sales from first phase of iCity October","author":"enterpriseam admin","date":"21 June 2017","format":false,"excerpt":"Mountain View is targeting EGP 1.5 bn in sales from the first phase of its EGP 50 bn project iCity in Sixth of October, which was launched last month, chairman Amr Soliman tells Al Borsa. Mountain View generated EGP 4 bn in sales from the first and second phase of\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651283,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/08\/kuwaits-grand-real-estate-building-egp-1-5-bn-housing-project-in-six-of-october\/","url_meta":{"origin":647921,"position":1},"title":"Kuwait\u2019s Grand Real Estate building EGP 1.5 bn housing project in Six of October","author":"enterpriseam admin","date":"8 February 2017","format":false,"excerpt":"Kuwait\u2019s Grand Real Estate Projects company has begun developing a housing project in Six of October over an area of 892 feddans, Chairman Ahmed Badr tells Al Borsa. The investment cost of the first phase is EGP 1.5 bn, he added. Grand Real Estate is also in negotiations with three\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594982,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/12\/palm-hills-inks-agreement-with-jbi-to-manage-sixth-of-october-project\/","url_meta":{"origin":647921,"position":2},"title":"Palm Hills inks agreement with JBI to manage Sixth of October project","author":"enterpriseam admin","date":"12 September 2019","format":false,"excerpt":"Real estate developer Palm Hills has signed an agreement with Julius Burger International (JBI) to manage phase 1A of its Badya project in 6 October, the company said in an EGX disclosure (pdf). \u201cJBI will handle all project management activities including the administration and monitoring of all contractors\u2019 activities,\u201d among\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591901,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/19\/porto-group-targets-egp-1-bn-in-sales-for-porto-assuits-first-phase\/","url_meta":{"origin":647921,"position":3},"title":"Porto Group targets EGP 1 bn in sales for Porto Assuit\u2019s first phase","author":"enterpriseam admin","date":"19 December 2019","format":false,"excerpt":"Porto Group is targeting sales of around EGP 1 bn in the first phase of the Porto Assiut project which is to begin construction in the coming days, the company said in a bourse disclosure (pdf). The EGP 4.5 bn development will include 1.9k residential and hotel apartments and 525\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630919,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/05\/mbg-development-targets-egp-1-bn-phase-one-sales-of-pukka-new-capital\/","url_meta":{"origin":647921,"position":4},"title":"MBG Development targets EGP 1 bn phase one sales of Pukka New Capital","author":"enterpriseam admin","date":"5 March 2018","format":false,"excerpt":"Real estate developer MBG is targeting EGP 1 bn in sales revenues over the next three months from phase one of its Pukka New Capital project, Chairman Mahmoud El Adl tells Al Shorouk. The EGP 4 bn residential project is built over 50 feddans and will be completed in four\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647871,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/egp-8-10-bn-invested-in-first-phase-of-new-alamein-city\/","url_meta":{"origin":647921,"position":5},"title":"EGP 8-10 bn invested in first phase of New Alamein city","author":"enterpriseam admin","date":"22 May 2017","format":false,"excerpt":"Phase one of the government\u2019s New Alamein City in Matrouh governorate will cost EGP 8-10 bn Al Mal quotes Housing Minister Mostafa Madbouly as saying. That compares with a pre-float estimate of about EGP 3 bn suggested last summer. The first phase of the project, with the exception of the\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=647921"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647921\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647895"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647921"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647921"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}